Michaels Property Consultants Ltd says ..

Property Oracle says ..

The property is located in Wivenhoe, Colchester, a town in Essex with good transport links to London Liverpool Street via the Greater Anglia train line. The nearby train station is only 1.05 KM away. Wivenhoe also benefits from several well-regarded schools within a reasonable distance, including Broomgrove Infant and Junior Schools (both rated ‘Good’ by Ofsted) and Millfields Primary School (‘Outstanding’). This makes the location attractive to families. Based on the provided photographs, the property appears to be in generally good condition. The kitchen and bathrooms seem well-maintained, although some minor modernisation might enhance its appeal. There is evidence of a conservatory and a garden, suggesting additional living space and outdoor area. However, a more thorough in-person inspection would be necessary to assess the condition fully and identify any potential issues. The property has a plot size of 1,252 sqft, which is relatively modest but provides a manageable garden space. The presence of a garden adds to the property’s desirability, particularly for families. Considering the list price of £425,000, the average price in the area (£348,914), and the average price per sqft (£356), the property seems reasonably priced. While it’s slightly above the average price, its larger size (1,502 sqft) and the inclusion of a garden justify the higher cost. However, a comprehensive comparison with similar properties in the immediate vicinity, taking into account their condition and features, would provide a more definitive assessment of its value. The nearby listings show prices ranging from £315,000 to £525,000, indicating some price variation within the area. Further analysis of comparable properties would be beneficial.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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